# WSFS Financial Corporation

WSFS Financial Corporation is a Bank based in Wilmington, United States.

## Overview

- **Organization type:** Bank
- **Headquarters:** Wilmington, United States
- **Region:** North America
- **Address:** Wilmington, DE, United States
- **Founded:** 1832
- **Assets under management:** Undisclosed
- **Website:** www.wsfsbank.com
- **LinkedIn:** https://www.linkedin.com/company/wsfs-financial-corporation

## Regulatory record

- **Reports private funds:** No

## About

WSFS Financial Corporation is a financial services company with its primary subsidiary, Wilmington Savings Fund Society, headquartered in Delaware. WSFS operates 77 offices across Delaware, Pennsylvania, Virginia, and Nevada. The company provides commercial banking, retail banking, and trust and wealth management services.

## Sectors

- Banking
- Wealth Management
- Commercial Lending
- Trust Services

## People

- Rodger Levenson — Chairman, President and CEO
- Art Bacci — Executive Vice President and CFO

## Questions

### Who runs investment decisions at WSFS Financial Corporation?

Rodger Levenson serves as Chairman, President, and CEO, overseeing the overall strategy. Art Bacci is the CFO, managing financial operations. Wealth management investment decisions are directed by the WSFS Wealth Management team, led by Chief Wealth Management Officer, who reports to the bank's executive committee. Specific portfolio managers for the trust and investment advisory arms operate under a fiduciary framework overseen by the bank's board (per the firm's public filings).

### How does WSFS source proprietary deal flow?

WSFS's wealth management and trust division generates proprietary deal flow through its fiduciary relationships. The bank's commercial lending team sources direct lending opportunities with mid-Atlantic businesses, often leading to follow-on wealth management mandates. The 2023 acquisitions from Bryn Mawr Trust came through a direct negotiation process rather than a competitive auction (per American Banker, 2023).

### Which sectors does WSFS explicitly avoid?

WSFS has not publicly disclosed explicit negative screens. However, as a publicly chartered bank, it rejects lending or advisory relationships that conflict with regulatory compliance, including cannabis businesses (due to federal restrictions) and any industry with significant regulatory risk that exceeds its risk appetite (per the firm's annual report). Its wealth management arm screens investments based on client preferences rather than firmwide exclusions.

### How is WSFS related to Bryn Mawr Bank Corporation?

WSFS acquired certain trust assets from Bryn Mawr Bank Corporation in 2023 and completed a second trust asset purchase in October 2025. The deals added $1.5 billion in trust assets under management and expanded WSFS's wealth management footprint in the Pennsylvania market (per the firm, October 2025). Bryn Mawr Bank Corporation continues to exist as an independent entity; WSFS did not acquire its banking operations.

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Last updated: 2026-06-03T20:00:00.000Z

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